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2013-04-18
Daily Currency Strength and Weakness Analysis

NZD is the strongest currency, continuing its strength.
CHF is the 2^nd strongest currency, weakening after its bullish run.
EUR is the 3^rd strongest currency, also showing weakness after a long bullish move.
GBP is the 4^th strongest currency, moving a little into weakness.

JPY is the weakest currency, showing more weakness.
AUD is the 2^nd weakest currency, strengthening a bit after its fall.
CAD is the 3^rd weakest currency, also showing strength since yesterday.
USD is the 4^th weakest currency, continuing to show strength.

Ideal currency pairs seem to be:

NZDJPY (Long)

Traders note: With the sudden change in strength yesterday we need to just wait to see what the market wants to do, if you’re in profits with your trades you must keep a close eye on it…. You will have to decide if you want to take profit or sit it out as it could just be a correction. Good luck.

Happy Trading!!

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